Hello everyone, please find below the Folks Finance TDR allocation for GOV11 period.
Feel free to share your feedback.
Note: * Allocation may vary during the period. Some pools will have a higher allocation because they will be co-incentivised by our partners
I think it could make sense to change all the wASSSET pools to USDC based pairs to potentially get more users on chain. i think having ALGO pairs favors people on here already but i think marketing ETH-USDC liquidity incentives to people not already on chain could be way easier for example. this also makes sense since lending pools cant earn gov rewards anyways
do we really need any liquidity for gALGO-ALGO besides the stableswap? sure people can easily earn incentives due to this but its kinda useless liquidity (low volume) except that it gives you ALGO liquidity for the lending market which doesnt seem like its needed anymore looking at the low rates we saw this period. why not try out gALGO-USDC lending pools instead? these pools could have actual volume and serve a DEX liquidity purpose + it giving FF USDC liquidtiy for the lending market
What about increasing incentives for EUR based pairs and make Algorand one of THE chains to use EURO on?
What exactly do you mean with marketing incentives? Can you comment on how effective marketing was for FF in the past using the TDR?
Would love to get an outline of marketing incentives, as you are allocating quite significant percentage towards it. Especially as other TDR recepinets can’t really afford to do it, as their entire budget is the size of your marketing incentives allocation(not your fault obviously, but jsut trying to get a bit of the outlook on the projected returns of these incentives)
In general looks good, BUT this " gALGO/ALGO Pact (Stableswap) 16.00%" is not good I think. reduce it to 6% and release those 10% to other pools or maybe allocate into EURS liquidity pools to boost EURS adoption.
Thanks for your feedback @lobo@ROAM@simonb , I appreciate it. We will adjust the TDR plan as it was a draft and we’ll take your suggestions into account.
As for the marketing activities, we haven’t specified them as they are not officially confirmed yet, but expect something similar to previous periods (the post will be updated next week): Zealy campaign Community Coin Contest
At the bottom of this medium TDR G9 report you will find the report on marketing activities in G9. We will publish the G10 report at the end of the quarter.
What is the benefit of the deposit boost. I feel like the same incentivization could be had by allocating more of those funds to a lending pool. Its more efficient and you get 2x the liquidity.
Hey Apt, rewards to lending pools are already enough (lending pools with stable assets involved). In addition, we created WH assets/USDC pairs and we switched rewards from gALGO/ALGO to gALGO/USDC, EURS/USDC pool has been increased as well. The deposit boost in combo with lending pools is the “easiest” way to attract new stable assets liquidity that help the lending market as they are the most borrowed ones (excluding Algo)
What would happen if you incentivize wrapped assets with low liquid. Wsol, wavax, wlink with deposit boost.
Potentially bring in xchain liquidity. I dont see much benefit for deposit boost in stables its such small amount relative to the millions in liquid. Would removing deposit boost be detrimental to liquidity?? I highly doubt it, worth a consideration
In that case, the boost will may attract external liquidity but this liquidity will not “benefit” the lending market as these assets cannot be borrowed because of the caps